The Nikkei 225 opened sharply higher, with semiconductor stocks remaining firm against the backdrop of developments in U.S. semiconductor-related stocks. NVIDIA attracted attention in the U.S. market, while AMD and Broadcom rose.
The Nikkei 225 rose sharply to ¥61,223.41, up ¥404.05 from the previous day. The gain widened to more than ¥800 at one point.
In the U.S. market, NVIDIA pared its losses after reports of a sharp decline, while Advanced Micro Devices and Broadcom rose. The SOX Index's decline was limited to 0.5%.
In Tokyo, buying led in Advantest and Kioxia, which had fallen the previous day. Buying also entered shipping stocks as the yen weakened to a level approaching ¥160 to the dollar, while rubber products and automobile-related stocks declined amid renewed Middle East risks.